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Jerome Bloch, founder of 360 Crossmedia, analyses Luxembourg’s economic model, highlighting innovation, housing pressure, fiscal imbalance, and the urgent reforms required to safeguard long-term competitiveness. Interview.
Is Luxembourg’s economic model still competitive today?
I am not economist, but on such a broad subject, the first difficulty lies in defining the terms. Competitiveness, for me, means the ability to win markets against competitors. And this ability rests on several very concrete criteria. The first is innovation: we see it clearly in the automotive industry. For a long time, the choice was between expensive, high-quality European cars or a cheap, low-quality Asian models.
That paradigm has changed...
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